
Mark Zuckerberg Denies Meta Bought Rivals To Conquer Them
Zuckerberg took the stand for the third day in the trial, wrapping up his testimony as the first witness Wednesday afternoon. He took questions from Meta attorney Mark Hansen, who has argued that his client hardly has a monopoly in social media, as the FTC claims, and still faces stiff global competition.
Hansen focused some of his questioning on emails sent by Zuckerberg and his associates that the FTC cited in earlier testimony to illustrate the Facebook founder's alarm over the growth of Instagram and his sense that he needed to neutralise its threat.
Zuckerberg said he's very focused on inventing new things, and understanding what other people are creating is a big part of the process. At any given point in his company's history, he said, similar tones of concern could be found in emails about what other companies were doing better than his.